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The WoRmHoLe

  • #23,641
  • Oct 5, 2012 5:54am Oct 5, 2012 5:54am
Quoting GlobalMacro
All great, brother, thanks
Good Morning GM

So what's your view on cable today bro?
Ghost Rider - WWTBMD?
  • #23,642
  • Oct 5, 2012 6:24am Oct 5, 2012 6:24am
Quoting dario1002
right now .. having lunch.. and in general... i am swearing because of nzd ... this pair is giving me a hard time

lunch is a good idea..man this market is a serious fruitcake
  • #23,643
  • Oct 5, 2012 6:26am Oct 5, 2012 6:26am
Quoting albchr
Good Morning GM

So what's your view on cable today bro?
Morning Chris...possibly a slight pullback is in order,

having said that I'm not actively trading cable at present

so you should take it with a grain of salt
Hear the music before the song is over ...
  • #23,644
  • Oct 5, 2012 6:28am Oct 5, 2012 6:28am
Quoting GlobalMacro
Morning Chris...possibly a slight pullback is in order,

having said that I'm not actively trading cable at present

so you should take it with a grain of salt
Thanks buddy
Ghost Rider - WWTBMD?
  • #23,645
  • Oct 5, 2012 6:33am Oct 5, 2012 6:33am
Quoting albchr
Thanks buddy
no biggie bro!
Hear the music before the song is over ...
  • #23,646
  • Oct 5, 2012 9:04am Oct 5, 2012 9:04am
Quoting dario1002
by the way.. u are already long euro, ain't it?
I was.

Just closed it. Keeping an eye on my xau & cable longs for now
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Thank You
  • #23,647
  • Oct 5, 2012 9:44am Oct 5, 2012 9:44am
Quoting wormboy
I was.

Just closed it. Keeping an eye on my xau & cable longs for now
Why is GBP so slow....?!?! Only thing that looks like its rising is the EUR... even with USD Index breaking the bearish flag yesterday...

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Money is the result derived from the execution of a skillset
  • #23,648
  • Oct 5, 2012 10:09am Oct 5, 2012 10:09am
Quoting Marquis
Why is GBP so slow....?!?! Only thing that looks like its rising is the EUR... even with USD Index breaking the bearish flag yesterday...

Attachment
This is the trendline I'm watching. A break below and I'm bailing my longs

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Money is the result derived from the execution of a skillset
  • #23,649
  • Oct 5, 2012 12:24pm Oct 5, 2012 12:24pm
Quoting Marquis
This is the trendline I'm watching. A break below and I'm bailing my longs

Attachment

i already did.. there will be plenty of opportunities to long in the next week
I don't want a job, i want money!
  • #23,650
  • Oct 8, 2012 1:19am Oct 8, 2012 1:19am
Quoting wormboy
I was.

Just closed it. Keeping an eye on my xau & cable longs for now

u still in the cable long mate?
I don't want a job, i want money!
  • #23,651
  • Oct 8, 2012 2:25am Oct 8, 2012 2:25am
Quoting dario1002
u still in the cable long mate?

yo dario my man..are u short or long??..
im concerned about the euro..i went short but still underwater
  • #23,652
  • Oct 8, 2012 2:35am Oct 8, 2012 2:35am
Quoting nAVIN2007
yo dario my man..are u short or long??..
im concerned about the euro..i went short but still underwater

i closed my long friday afternoon and just watching charts... its curious to see how the weekly candles in most pairs (especially cable) were decided just on friday evening, meaning if u looked at weekly chart friday right before news (before the ride up) charts were telling a whole different story. Now everything seems to point down in the short term... but i am still not sure about it. Euro weekly is on the upsde, but stopper on the lower 1.30... a previous SR area... sidelines at the moment till something convincing turns out.

Man u are still underwater on euro and it came down 100 pips from the top... i hope ure not getting into the same situation as before man... remember that RR is based on stop and profit!!! so don't go f@ck around!!

by the way... did you quit your job at the farmacy?
I don't want a job, i want money!
  • #23,653
  • Oct 8, 2012 2:54am Oct 8, 2012 2:54am
Quoting dario1002
i closed my long friday afternoon and just watching charts... its curious to see how the weekly candles in most pairs (especially cable) were decided just on friday evening, meaning if u looked at weekly chart friday right before news (before the ride up) charts were telling a whole different story. Now everything seems to point down in the short term... but i am still not sure about it. Euro weekly is on the upsde, but stopper on the lower 1.30... a previous SR area... sidelines at the moment till something convincing turns out.

Man u are still...
my weekly candle on cable from 3 weeks ago points to a bearish engulfing candle.. should have listened to that!
Money is the result derived from the execution of a skillset
  • #23,654
  • Oct 8, 2012 2:57am Oct 8, 2012 2:57am
Quoting Marquis
my weekly candle on cable from 3 weeks ago points to a bearish engulfing candle.. should have listened to that!
from that close we basically had 70 pips up and 70 pips down ...
I don't want a job, i want money!
  • #23,655
  • Oct 8, 2012 3:01am Oct 8, 2012 3:01am
Quoting dario1002
i closed my long friday afternoon and just watching charts... its curious to see how the weekly candles in most pairs (especially cable) were decided just on friday evening, meaning if u looked at weekly chart friday right before news (before the ride up) charts were telling a whole different story. Now everything seems to point down in the short term... but i am still not sure about it. Euro weekly is on the upsde, but stopper on the lower 1.30... a previous SR area... sidelines at the moment till something convincing turns out.

Man u are still...
still in the phamacy..its had to quit as it with my best friend and he kinda depends on me..im trying to work both..it can be done

euro trade is a mess..very bad trade decision but can work out as well but not liking it at all (the damn thing is trending up with plenty of bullishness)

cable i feel comfortable with
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  • #23,656
  • Oct 8, 2012 3:17am Oct 8, 2012 3:17am
Quoting nAVIN2007
still in the phamacy..its had to quit as it with my best friend and he kinda depends on me..im trying to work both..it can be done

euro trade is a mess..very bad trade decision but can work out as well but not liking it at all (the damn thing is trending up with plenty of bullishness)

cable i feel comfortable with
Nice on cable bro and I wouldn't worry too much about fiber. She'll come back to ya on those lower shorts me thinks.

Wouldn't be a bit a surprised to 2913ish today.

EDIT: Just saw it's a USD holiday today? That "might" slow it's progress to that level a bit. Holiday? What holiday?? LOL
Ghost Rider - WWTBMD?
  • #23,657
  • Oct 8, 2012 3:26am Oct 8, 2012 3:26am
Quoting albchr
Nice on cable bro and I wouldn't worry too much about fiber. She'll come back to ya on those lower shorts me thinks.

Wouldn't be a bit a surprised to 2913ish today.

i hope so..like i said earlier the trade was based on candle formation, unfortunately the technicals didnt support the sells..but the monthly chart might work..but the weekly is bullish on euro..

still in..i suppose when usd rally everything goes out of the window..
  • #23,658
  • Oct 8, 2012 3:29am Oct 8, 2012 3:29am
Quoting nAVIN2007
i hope so..like i said earlier the trade was based on candle formation, unfortunately the technicals didnt support the sells..but the monthly chart might work..but the weekly is bullish on euro..

still in..i suppose when usd rally everything goes out of the window..
Same thing we had on cable last week. All techs said down but it rose quite quickly. I think the techs are good (especially higher TF's) just seem to be running a bit behind is all.
Ghost Rider - WWTBMD?
  • #23,659
  • Oct 8, 2012 3:34am Oct 8, 2012 3:34am
Quoting albchr
Same thing we had on cable last week. All techs said down but it rose quite quickly. I think the techs are good (especially higher TF's) just seem to be running a bit behind is all.

not easy!!..if yur not in tune with the market u will lose a lot..new traders must be thinking what the hell??????

im still trying to find a descent lot size one where i dint get to emotional as i never gambled in my life till i start forex..i hate risk!!
  • #23,660
  • Oct 8, 2012 3:40am Oct 8, 2012 3:40am
Quoting nAVIN2007
not easy!!..if yur not in tune with the market u will lose a lot..new traders must be thinking what the hell??????

im still trying to find a descent lot size one where i dint get to emotional as i never gambled in my life till i start forex..i hate risk!!

man if u hate risk u picked the right job!
I don't want a job, i want money!
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